Research analysts at StockNews.com assumed coverage on shares of Ampco-Pittsburgh (NYSE:AP – Get Free Report) in a research note issued to investors on Wednesday. The brokerage set a “hold” rating on the industrial products company’s stock.
Ampco-Pittsburgh Trading Down 0.7 %
Shares of Ampco-Pittsburgh stock opened at $2.27 on Wednesday. The company’s fifty day simple moving average is $2.22 and its 200-day simple moving average is $2.04. The company has a market cap of $45.51 million, a price-to-earnings ratio of -1.00 and a beta of 1.00. The company has a current ratio of 1.99, a quick ratio of 0.98 and a debt-to-equity ratio of 1.57. Ampco-Pittsburgh has a 1 year low of $0.74 and a 1 year high of $2.79.
Ampco-Pittsburgh (NYSE:AP – Get Free Report) last issued its earnings results on Wednesday, March 12th. The industrial products company reported $0.16 EPS for the quarter. The firm had revenue of $100.94 million during the quarter. Ampco-Pittsburgh had a negative return on equity of 63.13% and a negative net margin of 10.46%.
Institutional Inflows and Outflows
About Ampco-Pittsburgh
Ampco-Pittsburgh Corporation, together with its subsidiaries, engages in manufacture and sale of specialty metal products and customized equipment to commercial and industrial users worldwide. The company operates through Forged and Cast Engineered Products (FCEP); and Air and Liquid Processing (ALP) segments.
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